Arizona cities bounce back

Arizona has spent years struggling and slowly recovering from the recent housing crisis and worrying unemployment rates, but a new study shows proof that some smaller towns in the state are making a comeback.

Surprisingly, NerdWallet ranked Phoenix in 38th place out of 56 Arizona cities in terms of growth, but smaller areas like Queen Creek, Sahuarita, Eloy and Coolidge are among the places with highest growth rates.

NerdWallet ranked the growing cities based on population, employment and income growth statistics over a few years.